Shared by
metp2202
Tags:
My only trade today, I've been experiencing my dip buying strategy on this name, was looking for a dead cat bounce and/ or a strong close for a potential swing. I think that this was way too obvious today. Everyone was looking for the same thing and we ended up having a chop fest. I had a very wide stop and I was scaling in with micro size on dips anticipating that 46 would start to hold at some point and we could see a green to red move. Near the end of the day I puked my 46.28 avg position into 45.5, the trend was broken at that point. I don't think that I've done a bad job at scaling in, I think that I did manage my risk properly and this time it didn't work but I'm sure that in the long run this should be a profitable strategy.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-03-29 13:05:03 | VIAC | 25 | $46.700 | 25 |
| 2021-03-29 13:06:07 | VIAC | 8 | $46.530 | 33 |
| 2021-03-29 13:06:07 | VIAC | 17 | $46.530 | 50 |
| 2021-03-29 13:06:32 | VIAC | 25 | $46.320 | 75 |
| 2021-03-29 13:07:41 | VIAC | 25 | $46.400 | 100 |
| 2021-03-29 13:13:41 | VIAC | 25 | $46.580 | 125 |
| 2021-03-29 13:13:56 | VIAC | 25 | $46.190 | 150 |
| 2021-03-29 13:14:51 | VIAC | 3 | $45.650 | 153 |
| 2021-03-29 13:14:51 | VIAC | 22 | $45.650 | 175 |
| 2021-03-29 13:15:08 | VIAC | 25 | $45.910 | 200 |
| 2021-03-29 14:22:00 | VIAC | 5 | $46.440 | 205 |
| 2021-03-29 14:22:00 | VIAC | 20 | $46.440 | 225 |
| 2021-03-29 14:25:21 | VIAC | 25 | $46.490 | 250 |
| 2021-03-29 14:28:55 | VIAC | 25 | $46.250 | 275 |
| 2021-03-29 14:32:08 | VIAC | 23 | $45.900 | 298 |
| 2021-03-29 14:32:09 | VIAC | 2 | $45.900 | 300 |
| 2021-03-29 14:34:15 | VIAC | 25 | $46.100 | 325 |
| 2021-03-29 14:34:15 | VIAC | 25 | $46.110 | 350 |
| 2021-03-29 14:50:31 | VIAC | 25 | $46.370 | 375 |
| 2021-03-29 15:01:17 | VIAC | 25 | $46.005 | 400 |
| 2021-03-29 15:01:17 | VIAC | 25 | $46.000 | 425 |
| 2021-03-29 15:01:18 | VIAC | 25 | $46.000 | 450 |
| 2021-03-29 15:20:07 | VIAC | -100 | $45.410 | 350 |
| 2021-03-29 15:20:07 | VIAC | -100 | $45.420 | 250 |
| 2021-03-29 15:20:07 | VIAC | -100 | $45.410 | 150 |
| 2021-03-29 15:20:08 | VIAC | -45 | $45.410 | 105 |
| 2021-03-29 15:20:08 | VIAC | -100 | $45.410 | 5 |
| 2021-03-29 15:20:08 | VIAC | -5 | $45.410 | 0 |
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